Sustainable Development Planning Experience in Rezekne

The scientific research is worked out in the field of economic territory development planning. The research object is socially economic development of underdeveloped regions by planning and using the European Union Structural Funds. The novelty of the work is a completed research of a sustainable development planning experience in Rezekne, a city of Latvia. As a result of research, the author has analysed the acquired experience and its influence, further planning tasks and activities. The present analysis will be used in order to secure a sustainable development. The significance of the study is justified with the activities done for the establishment of the Structural Funds, which are directed towards regional development. The main factor of regional development is economically developed centre that promotes general activity. There is a necessity to do an integrated planning in different development aspects when initiating the development of centres. The research has resulted in a sustainable development planning progress of Rezekne; the analysis of the local government functions and financial investment trends and scope. The study provides a notion on investments of the European Union's funding that improve environmental quality in Rezekne and gives a possibility to ensure a high quality life for each inhabitant of a region.